MCA vs Bank loan?

The major difference between them is the repayment amount and repayment term, which is less in the case of MCAs.

How do I qualify?

There are only few requirements:

  1. Be in business for minimum 6 months
  2. Gross monthly revenues greater than $15,000 for 4 consecutive months
  3. Credit score over 500

What are the required documents?

  1. Signed Application
  2. 4 months Business Bank Statements
  3. Void Cheque
  4. ID

How fast can I get the money?

Assuming you have provided the required documents to your MFS (Merchant funder specialist) your business will be funded within 8-24 hours.

What if my credit score is bad?

We still look at the files with a less than stellar credit score as we use your current business performance to determine funds available.

Have any other questions?

Please call us at 1 (416) 224 - 2404 or drop us a line here and one of our Funding Specialists will get back to you within 24 hours.